OpenAI is collaborating with Broadcom to create custom artificial intelligence computer chips. Financial terms were not disclosed, but deployment is set for late next year. OpenAI has made recent partnerships with Nvidia, AMD, and others for specialized chips and data centers. Circular financing is fueling concerns about an AI bubble. OpenAI has 800 million weekly users but is not yet profitable.

Analyst Gil Luria noted OpenAI’s trillion-dollar commitments despite $15 billion in revenue. CEO Sam Altman revealed the 18-month collaboration with Broadcom for custom chips, providing 10 gigawatts of computing power. Broadcom shares soared over 9% post-announcement. CEO Hock Tan emphasized the need for more computing capacity for OpenAI’s advancement towards superintelligence.

Read more at Yahoo Finance: OpenAI partners with Broadcom to design its own AI chips